It seems that one man’s trash really is another man’s treasure, at least for one beer enthusiast, whose collection of 87,000 vintage beer cans has been valued at US$1.6 million.

Former Diageo CEO Paul Walsh is in talks to buy the Peroni and Grolsch beer brands that are being sold as part of the £71 billion takeover of SABMiller by AB InBev, according to reports.

UK retailer Tesco opened “hangover help” stalls in three of its London stores on Friday (11 December) following what was expected to be the country’s busiest night for office Christmas parties.

The fine wine market in Hong Kong has become more organised and is “no longer a circus”, according to Olivier Leflaive’s CEO, Jean Soubeyrand.

Acker Merrall & Condit’s Hong Kong auction has placed China as the strongest buyers’ market in Asia, as bidders snapped up nine of the top 10 lots.

Anheuser-Busch InBev has announced plans to list on the Johannesburg Stock Exchange in January following its £71 billion takeover of SABMiller.

Bushmills Irish Whiskey’s parent company Jose Cuervo is planning to spend £30 million on a new distillery facility for the brand that will “effectively double its capacity”.

The Wine and Spirit Trade Association’s ‘Drop the Duty!’ campaign has won the Trade Body Campaign of the Year at the Public Affairs Awards.

The Scotch Whisky Association has opened a new office in London as the category continues to grow and contribute to the UK economy.

Cava consumption in France is greater than Champagne consumption in Spain, according to the chairman of the Cava Regulatory Board (CRDO).